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Bottom line: A sub-$100M manipulation on Binance plus a $1.1B leveraged short elsewhere set off a $19B market collapse — a failure of exchange collateral valuation under macro stress, not a stablecoin breakdown.
Bottom line: A sub-$100M manipulation on Binance plus a $1.1B leveraged short elsewhere set off a $19B market collapse — a failure of exchange collateral valuation under macro stress, not a stablecoin breakdown.
RE: LeoThread 2025-10-13 05-56